Brief: China Oceanwide Holdings Ltd Updates On Current Status Of Arbitration

China Oceanwide Holdings

06/07/2021 14:21

July 6 (Reuters) - China Oceanwide Holdings Ltd  0715.HK :
    * UPDATES ON CURRENT STATUS OF ARBITRATION
    * MAKING CONTINUOUS EFFORTS TO EXPLORE OPPORTUNITY TO SETTLE
ARBITRAL AWARD
    * ON 24 JUNE CO RECEIVED U.S. DISTRICT COURT JUDGMENT
CONFIRMING
ARBITRAL AWARD IN FAVOR OF GENERAL CONTRACTOR AND AGAINST CO
    * ARBITRATION IN RELATION TO CONSTRUCTION CONTRACT
CONTEMPLATING
LA PROJECT
    * ARBITRAL AWARD IN FAVOR OF GENERAL CONTRACTOR IN AMOUNT OF
US$
42.7 MLN

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